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For The Years Ended December 31, 1997, 1996 and 1995
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Note 19. Quarterly Financial Data (Unaudited)
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In Millions (except per share data) |
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First Quarter |
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Second Quarter |
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Third Quarter |
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Fourth Quarter |
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Total |
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1997 |
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Operating revenues |
$ |
3,785.8 |
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$ |
3,112.8 |
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$ |
4,820.6 |
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$ |
4,589.7 |
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$ |
16,308.9 |
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Operating income |
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610.0 |
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352.0 |
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606.3 |
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401.7 |
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1,970.0 |
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Net income |
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311.7 |
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168.6 |
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309.5 |
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184.6 |
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974.4 |
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Basic earnings per share |
$ |
0.84 |
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$ |
0.43 |
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$ |
0.83 |
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$ |
0.41 |
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$ |
2.51 |
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1996 |
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Operating revenues |
$ |
2,859.1 |
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$ |
2,559.3 |
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$ |
3,133.4 |
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$ |
3,750.6 |
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$ |
12,302.4 |
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Operating income |
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575.7 |
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479.2 |
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653.1 |
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450.6 |
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2,158.6 |
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Income before extraordinary item |
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293.1 |
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237.1 |
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351.2 |
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209.6 |
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1,091.0 |
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Net income |
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293.1 |
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237.1 |
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351.2 |
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192.9 |
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1,074.3 |
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Basic earnings per share (before extraordinary item) |
$ |
0.78 |
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$ |
0.62 |
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$ |
0.94 |
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$ |
0.56 |
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$ |
2.90 |
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Basic earnings per share |
$ |
0.78 |
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$ |
0.62 |
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$ |
0.94 |
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$ |
0.51 |
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$ |
2.85 |
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Amounts reported on a quarterly basis are not necessarily indicative of amounts expected
for the respective years due to the effects of seasonal temperature variations on energy
consumption and the timing of maintenance of certain electric generating units.
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| Back to Notes to Consolidated Financial Statements Table of Contents |
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